Tag Archives: Age Unfriendly

Despite Ontario being the first province to pass Unclaimed property legislation in Canada (1989), they could not get it all together (the rules) for a period of 22 years later and the Bill was repealed in Dec 2011. Yes. Sad. Many Ontario families are no doubt owed some money.

No more push to paperless until Canada gets all Provinces on-board with Unclaimed Property Legislation.

Yesterday I received a note from my RESP provider (Invesco Trimark). No more PRINTED semi-annual statements effective 2014. Not cool because this increases the risk that any funds with Invesco Trimark will go unclaimed. But Age Unfriendly as well. Do all Invesco Trimark Investors have online access? Really?

The US considers such legislation as an important component of Consumer Protection Legislation-and it is! So…why are we some 40 years behind? The US has $58B in unclaimed funds/property despite the program but searching for assets is much easier.